Cashbuild slashes dividend as it braces for tougher times
31 August 2022 - 12:07
Cashbuild, which posted weaker results as the pandemic home improvement boom ended, is expecting continued hardship for consumers who it says are under extreme pressure.
The group recorded 12% lower revenue at R11bn in its year to end-June, a decrease from its 2021 financial year and best-yet performance as people invested in their houses while working and socialising at home. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.